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By Tom Maston

The club's chief admitted Atleti is under no pressure to sell the forward to raise funds while he also denied that city rival Real made a proposition to the striker on a napkin.

Atletico Madrid president Enrique Cerezo has revealed the club does not need the money that has been reported to be a possible transfer fee for attacker Radamel Falcao.

With Real Madrid and Chelsea reportedly interested in the forward, Cerezo has claimed the club does not need to sell its star player as the team's financial situation is stable.

"I have60 millionandthe truthis that they arevery wellwhere they are.I do not know if Madridhavethe money, but I knowmy accounts," he said at the Atletico Madrid rugby team presentation.

Real Madrid president Florentino Perez joked that he had passed Falcao a napkin with an offer of moving to the Santiago Bernabeu at a recent awards ceremony in a similar style as to when he proposed Zinedine Zidane's move to the Spanish capital from Juventus in 2000. But Cerezo denied that the incident had taken place and was confused as to why Perez would make up such a story.

"I saw nonapkin.Furthermore, there were notpaper napkins,butcloth," he said. "I do not knowwhat he istalking about.The napkinsare worthwhat they are worth."